*Guided Tour on Wednesday, April 9, 2025 to begin promptly at 11:00 AM*List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Thursday, April 10th & ends Tuesday, April 15th, 2025 at 1:00PM. Improved by a 4,245+/- SF (Including basement) Mixed Use Building. The building currently has 5 of the 6 units leased. The property is zoned C2 and is located within the Enterprise zone. Unit 1 is a 1BR/1BA apartment currently vacant. Unit 2 is a 1BR/1BA apartment rented for $1,500/month. Unit 3F is a studio apartment rented for $1,000/month. Unit 3R is a studio apartment rented for $900/month. Unit 4 is a studio apartment rented for $900/month. The basement unit is a commercial unit rented for $1,500/month. There are 2 parking spaces which are not assigned and could be used for additional income. Current Gross Monthly Rent: $5,800. Current Gross Annual Scheduled Rent: 69,600. Potential Gross Monthly Rent:$7,300. Potential Gross Annual Rent: $87,600. Unit #1 and the commercial unit use gas and electric, the rest are electric only. Features include: 7 separate meters Central AC for the basement and first floor New HVAC systems Washers/Dryers in unit Granite counter tops All residential units have been renovated New roof in 2022
MLS# | MDBA2162426 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | ACTIVE-BRIGHT |
Year | 1900 |
Days On Site | 15 |
Listing Provided By | Alex Cooper Auctioneers, Inc. | Matthew S Cooper |
Units | 1 |
---|---|
Zoning | C-2 |
Acreage | 0.04 |
Water Front | Yes |
State | MD |
---|---|
County | BALTIMORE CITY MD |
City | BALTIMORE |
Zip Code | 21201 |
Area | BALTIMORE CITY MD |
School District | BALTIMORE CITY PUBLIC SCHOOLS |
Listing VS Median (In 21201) | |
Price: $400,000 low | high Med: $105,000 On site: 15 low | high Med: 98.000000 |